Investment with Long-Term Upside
Currently leased at $450 per week until January 2026, this property offers an immediate rental return while holding strong future potential. With a wide 18.5m (approx.) frontage and 45m (approx.) depth, the flat 836m² (approx.) allotment presents a rare opportunity to secure both income and long-term growth.
The existing five-bedroom, two-bathroom home with two living areas has new tenants moving in, providing investors with a reliable rental opportunity. With a strong return already in place, it's an ideal option for those seeking an addition to their portfolio.
Looking ahead, the property's northern rear orientation and generous land size create scope for future value-adding, whether through extensions, upgrades, or potential redevelopment (STCA).
Located just steps from two schools, shops, sports facilities, and with easy access to both Lavington Square and Albury's CBD, this property combines strong income holding with outstanding development prospects.
Key Features:
Currently rented at $450pw until Jan 2026
Wide 18.5m (approx.) frontage
836m² (approx.) flat allotment
Northern rear orientation
Five-bedroom, two-bathroom original home
Central location close to schools, shops, and amenities
assignmentLooking for more information on 358 Fallon Street?
Explore comparables, sales history and growth for this property.
